TGI Friday’s is abruptly closing 36 “underperforming” locations across the country.
According to a press release, the shakeup is a part of the company’s “ongoing growth strategy.” In the wake of the store closures, TGI Friday’s is offering more than 1,000 transfer opportunities to 80% of impacted employees.
“Our top priority has always been delivering a superior experience for each and every TGI Fridays guest, and we’ve identified opportunities to optimize and streamline our operations to ensure we are best positioned to meet – and exceed – on that brand promise,” said U.S. President and Chief Operating Officer at TGI Friday’s Ray Risley in the release.
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